Sandhill Corporation had the following transactions: (If the transaction has no effect on cash, leave the Cash Effect and Classification fields blank.)

(a)		In the below table, indicate by how much each transaction increases or decreases cash. If the transaction has no effect on cash, say so.
(b)		Identify whether the transaction should be classified as an operating activity, investing activity, financing activity, noncash investing and financing activity, or leave blank.

			(a)			(b)
			Cash Effect			Classification
1.	Issued common shares for $66,000.		select an effect DecreaseNo EffectIncrease	$enter a dollar amount		select a type of activity Operating ActivityInvesting ActivityNoncash Investing and Financing ActivityFinancing Activity
2.	Purchased a machine for $38,000. Made a $5,600 down payment and issued a long-term note payable for the remainder.		select an effect No EffectIncreaseDecrease	$enter a dollar amount		select a type of activity Noncash Investing and Financing ActivityFinancing ActivityInvesting ActivityOperating Activity
3.	Collected $19,000 of accounts receivable.		select an effect No EffectIncreaseDecrease	$enter a dollar amount		select a type of activity Noncash Investing and Financing ActivityInvesting ActivityOperating ActivityFinancing Activity
4.	Paid a $28,000 cash dividend.		select an effect DecreaseNo EffectIncrease	$enter a dollar amount		select a type of activity Noncash Investing and Financing ActivityInvesting ActivityFinancing ActivityOperating Activity
5.	Sold a long-term investment with a carrying amount of $15,900 for $19,794.		select an effect No EffectIncreaseDecrease	$enter a dollar amount		select a type of activity Investing ActivityNoncash Investing and Financing ActivityFinancing ActivityOperating Activity
6.	Sold inventory for $1,100.		select an effect DecreaseIncreaseNo Effect	$enter a dollar amount		select a type of activity Financing ActivityOperating ActivityInvesting ActivityNoncash Investing and Financing Activity
7.	Paid $23,000 on accounts payable.		select an effect IncreaseDecreaseNo Effect	$enter a dollar amount		select a type of activity Noncash Investing and Financing ActivityInvesting ActivityFinancing ActivityOperating Activity
8.	Purchased a trading investment (equity securities) for $145,000.		select an effect IncreaseNo EffectDecrease	$enter a dollar amount		select a type of activity Operating ActivityFinancing ActivityNoncash Investing and Financing ActivityInvesting Activity
9.	Purchased inventory for $34,000 on account.		select an effect No EffectDecreaseIncrease	$enter a dollar amount		select a type of activity Financing ActivityInvesting ActivityOperating ActivityNoncash Investing and Financing Activity
10.	Collected $1,500 in advance from customers.		select an effect DecreaseNo EffectIncrease	$enter a dollar amount		select a type of activity Investing ActivityOperating ActivityNoncash Investing and Financing ActivityFinancing Activity
11.	Paid $32,400 to repurchase and retire common shares.		select an effect DecreaseNo EffectIncrease	$enter a dollar amount		select a type of activity Financing ActivityInvesting ActivityOperating ActivityNoncash Investing and Financing Activity